ETBB.DE vs. LGGE.DE
ETBB.DE (BNP Paribas Easy EURO STOXX 50 UCITS ETF) and LGGE.DE (L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF) are both Europe Equities funds - ETBB.DE tracks the EURO STOXX® 50 while LGGE.DE tracks the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. Both are passively managed. Over the past 3 years, ETBB.DE returned 15.59%/yr vs 24.04%/yr for LGGE.DE. Their correlation of 0.86 suggests significant overlap in exposure. ETBB.DE charges 0.18%/yr vs 0.25%/yr for LGGE.DE.
Performance
ETBB.DE vs. LGGE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETBB.DE achieves a 7.30% return, which is significantly lower than LGGE.DE's 11.27% return.
ETBB.DE
- 1D
- 0.78%
- 1M
- 2.06%
- YTD
- 7.30%
- 6M
- 8.67%
- 1Y
- 15.73%
- 3Y*
- 15.59%
- 5Y*
- 11.55%
- 10Y*
- 10.40%
LGGE.DE
- 1D
- 0.15%
- 1M
- -0.22%
- YTD
- 11.27%
- 6M
- 15.32%
- 1Y
- 26.49%
- 3Y*
- 24.04%
- 5Y*
- —
- 10Y*
- —
ETBB.DE vs. LGGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ETBB.DE BNP Paribas Easy EURO STOXX 50 UCITS ETF | 7.30% | 22.21% | 10.80% | 22.47% | -8.68% | 7.05% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 11.27% | 38.29% | 14.07% | 17.18% | -3.86% | 7.23% |
Correlation
The correlation between ETBB.DE and LGGE.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.86 |
The correlation between ETBB.DE and LGGE.DE has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETBB.DE vs. LGGE.DE — Risk / Return Rank
ETBB.DE
LGGE.DE
ETBB.DE vs. LGGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy EURO STOXX 50 UCITS ETF (ETBB.DE) and L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ETBB.DE | LGGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 3.61 | -2.16 |
| Martin ratioReturn relative to average drawdown | 4.90 | 13.07 | -8.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ETBB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 2.19 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.13 | -0.73 |
Drawdowns
ETBB.DE vs. LGGE.DE - Drawdown Comparison
The maximum ETBB.DE drawdown since its inception was -38.43%, which is greater than LGGE.DE's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for ETBB.DE and LGGE.DE.
Loading charts...
Drawdown Indicators
| ETBB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.43% | -20.11% | -18.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.94% | -7.28% | -3.66% |
Max Drawdown (3Y)Largest decline over 3 years | -16.63% | -14.71% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -23.28% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.43% | — | — |
Current DrawdownCurrent decline from peak | -0.42% | -2.09% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -7.40% | -3.23% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.01% | +1.22% |
Volatility
ETBB.DE vs. LGGE.DE - Volatility Comparison
BNP Paribas Easy EURO STOXX 50 UCITS ETF (ETBB.DE) has a higher volatility of 4.95% compared to L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF (LGGE.DE) at 3.60%. This indicates that ETBB.DE's price experiences larger fluctuations and is considered to be riskier than LGGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETBB.DE | LGGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 3.60% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 12.94% | 9.47% | +3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 11.99% | +3.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.56% | 14.60% | +2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.32% | 14.60% | +3.72% |
ETBB.DE vs. LGGE.DE - Expense Ratio Comparison
ETBB.DE has a 0.18% expense ratio, which is lower than LGGE.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ETBB.DE vs. LGGE.DE - Dividend Comparison
ETBB.DE's dividend yield for the trailing twelve months is around 2.66%, less than LGGE.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETBB.DE BNP Paribas Easy EURO STOXX 50 UCITS ETF | 2.66% | 2.77% | 2.96% | 3.01% | 2.73% | 1.86% | 2.60% | 3.08% | 3.96% | 0.23% | 2.85% | 3.19% |
LGGE.DE L&G Quality Equity Dividends ESG Exclusions Europe ex-UK UCITS ETF | 3.13% | 3.47% | 4.37% | 4.43% | 4.18% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ETBB.DE and LGGE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETBB.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETBB.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for LGGE.DE.
ETBB.DE tracks EURO STOXX® 50, while LGGE.DE tracks FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality. They also come from different issuers: BNP Paribas and Legal & General. Their fees differ too: 0.18% for ETBB.DE and 0.25% for LGGE.DE.
Find the right allocation for ETBB.DE and LGGE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer